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Seven Mobile Wallets Every Indian Should Know About
Today, most people you know are probably using a smartphone, and mobile wallets have also become quite widespread, even if most people use them for a very specific reason. For some, a mobile wallet is just a way to recharge their phone; for others, it's the app they use to refill the taxi money; and a few people have even started using these to buy a drink at Cafe Coffee Day.
- Categories
- Technology
- Region
- South Asia
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Nigeria: Interswitch, BlackBerry Unite on Mobile Money Service
African digital payments company Interswitch has announced a partnership with BlackBerry that has led to the launch of the Quickteller Mini App.
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- Technology
- Region
- Sub-Saharan Africa
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Report: Safaricom Controls 90 Percent of Mobile Industry Earnings in Kenya
Safaricom dominates the Kenyan mobile market, sweeping up more than 90 per cent of revenues in areas such as voice calls and text messaging, according to regulator data that could further fuel a debate about competition in the industry.
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- Technology
- Region
- Sub-Saharan Africa
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Zimpost Extends Money Transferring Service to Nigeria
Harare- Zimbabwe’s postal and courier company, Zimpost has extended its money transfer service to Nigeria with immediate effect to allow the sending and receiving of money among citizens from the two African states, the postal company’s communications officer Anna Munembe has said.
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- Uncategorized
- Region
- Sub-Saharan Africa
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India’s Mobile Wallet Market Likely to Cross $11B Mark By 2022
Owing to increasing penetration of smartphones as well as tablets, India has emerged as one of the fastest growing mobile wallet markets in the Asia Pacific region. 6Wresearch, a global market research and consulting firm, said in a report that India's Mobile Wallet Market is projected to reach $11.5 billion by 2022.
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- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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National Payments System in the Works in the Philippines
The framework for the envisioned national retail payments system (NRPS) could be ready by next month, a BancNet official said, in a bid to roll out the system by next year as the financial industry aims to have an integrated cashless network in the next three to five years.
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- Uncategorized
- Region
- Asia Pacific
- Tags
- digital payments
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Paga Raises Additional $13M: Targets Dominance of Nigeria’s Mobile Money Market
Nigeria’s leading mobile payment company, Paga, has announced the completion of a $13m Series B financing led by Adlevo Capital which is expected to expand its lead position in Nigeria’s mobile payments sector.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- digital payments
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Retail Chains Sign Up Mobile Wallets in India
Last week, retail chain Shoppers Stop Ltd tied up with mobile wallet FreeCharge, allowing customers to use FreeCharge wallets to make payments across 74 Shoppers Stop outlets, 17 HyperCity stores, 95 Crossword outlets, 19 HomeStop stores, and its online marketplace.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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